Analysis and Predictions on EURUSD Daily Chart
Key Points:
- The price reached the bullish order block and showed a bullish reaction on the EURUSD daily chart.
- The daily candle closed above the FVG, thereby acting as a support.
- The price formed a liquidity pool below the bearish order block, indicating the price to move higher and collect the liquidity above the previous high, reaching the bearish order block.
- The analysis indicates bullish patterns on the EURUSD daily chart until a daily candle CLOSE appears below the inversion.
- The defined targets are as follows: 1.0806, 1.0818, 1.0845.
Stay Tuned for More Updates and Always Do Your Own Research (DYOR)!
As per the given analysis, the EURUSD daily chart seems to be showing promising bullish patterns that signify a potential upward price movement. The formation of a liquidity pool below the bearish order block also suggests an impending price ascend, and hence, it will be interesting to see how these predictions pan out. However, it must be noted that these are educated guesses and interpretations of the market trends. Therefore, it’s essential to conduct your own research, possibly consulting with financial experts, before jumping to investment-oriented conclusions.
Disclaimer. The opinions expressed by our writers are their own and do not represent the views of JustInvestNews . The financial and market information provided on JustInvestNews is intended for informational purposes only. JustInvestNews is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Original article:
